Equity/shares can be a great tool, but it can be a hard sell for many as it's not highly liquid and success potential for any startup is honestly low. While I can completely understand that budget is a concern for startups, I think not offering any kind of immediate compensation (mainly cash) makes growth even more difficult, particularly if you're searching for talent on a message board. It's certainly not impossible, but people can be skeptical when you're not offering money of any kind off the bat.

So now for the shilling: I work on Quidli - Crypto rewards for companies and their team members. Pool Bitcoin and distribute to team members based on the performance or rules of your company culture. For bootstrapping startups, put in as much or as little $$ as you need and provide your colleagues with some skin in the game that they can actually save, sell, exchange, whatever as they want. It's a hosted solution, but this makes it easier for people who aren't as familiar with crypto to finally gain access to Bitcoin. Plus, team members can move any crypto they do hold on Quidli to external wallets any time they want. Feel free to check out our tool Quidli.

In any case, best of luck with your project! Do get in touch if you have any questions or want more info!

Appreciate the insight, feedback!

FYI, in our first week live, we've onboarded 4 companies and have facilitated ~$200 in Bitcoin purchases and distributions. Not lambo standards at the moment, but we hope to keep building up from this

If you know any projects or companies that can be interested, please do refer us!

Sure, from a pure technical perspective, you're right.

But our aim is not managing large amounts of BTC for crypto savvy business owners, companies. It's to offer a simple platform and UX for people who'd otherwise have difficulty accessing Bitcoin, in a framework that provides a reason to passively receive it. The transaction sizes we see today are typically small; and we provide the option for users to immediately withdraw. And on the available app, as you noted, we "provide just an update to the database."

Certainly we can and will provide more sophisticated and multi-sig features. But again our aim at the moment is increasing accessibility and understanding. I hope that makes sense.

Agree 100% with you that "only something that doesn't cost them anything would work" in terms of increasing adoption.

We've talked to many companies, workers, founders, CEOs, etc., and while interest in crypto, owning crypto is generally high, not many people are willing to take their entire compensation for it (a la Bitwage). This is why we've built a more passive way to receive for employees - more as a perk, a reward, similar to how Lolli makes BTC a reward for shopping. And so all the companies we work with today treat BTC  as a perk alternative that an employee can choose if they prefer it over, for example, movie tickets or gift certificates.

From the video, you didn't show what payment processor you're using for buying BTCitcoin on your platform. Care to share?
We use PaymentCloud as a payment processor today. If you have recommendations on others, do let me know!

Is it required for team members to submit documents for KYC or that's needed from the company creator only?
At the moment, we perform KYC with the company only. Accordingly, at the moment, we're assuming companies will have an idea of who is working with them as a form of KYC. I think it's something we'll need to deal with more, but it's just not the biggest focus at the moment.

Are there any features like recursive payments? Every month on the 15^th a certain amount is sent to the employee's wallet?

Today it's manual but more programmability is on our roadmap to build. If you have any specific ideas on functions you'd like to see, for sure let us know.

Where would I buy the BTC from? You? What commissions do you charge?
Today we act as the in between for purchasing BTC. At the moment we don't charge any commission as our users are dealing in small amounts. But we'll likely add a transaction fee in the future if there's greater volumes.

Is it a monthly subscription plan or transaction fee?
As noted above, we do intend to add transaction fees down the line. There will also be a nominal monthly subscription for hosting the wallets (at the basic level, $1 a wallet/month) but at the moment we charge nothing.

Do you send invoices for the BTC purchase?
Yes, we do.

Happy to answer any other questions you may have!

By $$$, I mean normal perks offered by companies today tend to be expensive. For example, these are often things like monthly gym passes, catered meals in-house, access to catalogs of deals, etc. that require fixed amount payments to the service providers. And for real startups, that is difficult to match when trying to attract talent. Plus, most employees stop caring about such perks after some time.

With crypto, it's a lot more flexible because you can determine how much you want to give via the fractionality of it. Sure, you can also give cash but then at that point you may as well give bonuses which are more a part of compensation. But as perks are largely symbolic, giving Bitcoin to an employee who otherwise wouldn't make the effort to acquire it is like giving them something to invest in.

In terms of evidence, it's proven that employees are attracted to companies that offer benefits and perks. But again there is little flexibility in perks today and so they end up meaning little over the long term. For us, the point is to be a gateway for people who may be interested in owning Bitcoin but not wanting to mine it, buy it or deal with any of the complications of getting it. It's another option to offer as people's tastes grow more diverse and unpredictable.

Perks are supposed to help companies improve motivation and retention, but most are $$$ or employees don't care. So on top of whatever compensation is made, why not offer a crypto cherry on top?

Through Quidli, crypto can be offered as a light and flexible perk for employees who may not know much about blockchain/Web3 to get more excited about it. Our latest release is a simple interface that enables you to:

• 💳 Directly buy or deposit $BTC
• 🚰 Deploy crypto as much, or as little, as you need
• 🎁 Reward your teams from a single interface
• 📈 Team members can freely manage, transfer, transact

Check out the Quidli landing page to learn more.

You can also refer to this quick explanation video or User Guide to get better understandings.

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Thanks for all of our support so far!

Keep checking in with us as we will open up more opportunities in the near future. In the meantime, if you've already submitted all of your completion items prior to September 1, then confirm your earnings on our public distribution sheet.

For newly interested people at the moment, please join our community on Telegram, as well as all our other online channels. This way you can be sure to keep up with all our latest news and future opportunities for Airdrop and Bounties!

🦑FYI, 1st Airdrop is Officially Closed!🦑

Thanks for all of our support so far!

Keep checking in with us as we will open up more opportunities in the near future. In the meantime, if you've already submitted all of your completion items prior to September 1, then confirm your earnings on our public distribution sheet.

For newly interested people at the moment, please join our community on Telegram, as well as all our other online channels. This way you can be sure to keep up with all our latest news and future opportunities for Airdrop and Bounties!

🦑FYI, 1st Airdrop is Officially Closed!🦑

Thanks for all of our support so far!

Keep checking in with us as we will open up more opportunities in the near future. In the meantime, if you've already submitted all of your completion items prior to September 1, then confirm your earnings on our public distribution sheet.

For newly interested people at the moment, please join our community on Telegram, as well as all our other online channels. This way you can be sure to keep up with all our latest news and future opportunities for Airdrop and Bounties!

🦑First Airdrop Coming to a Close!🦑

Thanks for all of our support so far! We're finally winding down our first Airdrop campaign at the end of August 2018. Please see below for the Airdrop process in case you haven't already registered:

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🦑First Airdrop Coming to a Close!🦑

Thanks for all of our support so far! We're finally winding down our first Airdrop campaign at the end of August 2018. Please see below for the Airdrop process in case you haven't already registered:

• Join our community on Telegram
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Absolutely, thanks for summarizing! 🦑🦑🦑

You can learn more checking out our website, or connecting with us on Telegram!

Let's shape the future of work!

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Thanks! Keep up with Quidli regularly on the following channels:

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Appreciate it.

You can learn more checking out our website, or connecting with us on Telegram!

Let's shape the future of work! 🦑🦑🦑🦑

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